Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation

Former Campbell Farm - Approx. 219.50 Acres with Southern Style Plantation - Sub-Divided into Tracts

To Be Offered Separately & As a Whole           


County Road 282
Niota, TN

Saturday, June 13th, 2009 - 10:30 AM
Inspection: Sunday, June 7th, 2009 2:00 PM - 4:00 PM

SPECIAL FINANCING!

Special Financing is being offered through:


Farm Credit Services

Contact:  Ron Morrow or Shane Williams at
(423) 745-1683 - office (423) 507-4298 - cell

Athens Federal Community Bank

Lots:
Rate: 6% fixed for two years with a 10 year amortization
25% down payment required

House Tract:
30 year fixed rates available with approved credit

Contact: Ross Millsaps, Chief Credit Officer at
(423) 745-1111

Citizens National Bank
 
Contact: Frank R. Parker, Executive Vice President at
(423) 745-0261 or Fparker@citnatbank.com

A Rare Find

Beautiful Development/Agricultural Land in McMinn County

·         Ideal for Development or Agricultural interests

·         Road Frontage along County Roads 279 & 282

·         Minutes off of I-75

·         Mixture of rolling fields and wooded acreage

·         Southern Style Plantation House with 5 Bedrooms / 4 Bathrooms

·         Huge Hay and/or Cattle Barn located on property

·         Also featured is an Apartment, Garage, Work Shop and
Storage Building

·         Abundance of Wildlife in the area, with Wild Turkey and Deer

 

Utilities Available: Electric
Zoning: 
Property is located in McMinn County and has no Zoning Regulations
Estimated Real Estate Taxes:

Approximate Annual Real Estate County Taxes – Approx. $1,292.06
2007 Monroe County Taxes - $1,292.06
Monroe County Tax Rate - $1.90 per assessed
$100


Property is currently in Greenbelt


Taxes to be pro-rated at closing.

Directions: Traveling south on I-75, take Exit #60 Sweetwater/Spring City.  Turn right onto Lost Sea Pike (Hwy. 68) and travel west for 3.8 miles.  Turn left on to County Road 284 and travel for 1 mile.  Turn left on to County Road 282 and travel 2 miles to the Former Campbell Farm located on both sides of the road and at the intersection of CR 282 and CR 279.

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

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Homes built before 1978 may contain lead-based paint.

 
 
 
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Documents are in Adobe PDF format. 
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AUCTION DOCUMENTS

Auction Brochure
Buyer Cost Summary
Greenbelt Information
Proposed Order of Sale
Proposed Restrictions
Sale Day Procedures
Sample Bidder Card
School Information
Soil Map
Survey
Tax Cards
Tax Information
Utility Information
Zoning Information
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